§ Dr. John Dunwoodyasked the President of the Board of Trade whether he has received the report of the National Board for Prices and Incomes on the prices of compound fertilisers; and whether he will make a statement.
§ Mr. JayYes. The report on the reference made to the Board jointly by my right hon. Friend the First Secretary of State and me is published today. In the light of its conclusion that a price increase of up to 6 per cent. for fertilisers, other than straight nitrogenous fertilisers, is justified against the criteria for price increases during the period of severe restraint, we would not wish to object to increases of this order now being made by the manufacturers.